Mrs. Kum Sum Village Bank Group

Mrs. Kum S. was born in 1970 and is the village bank president, selected by nine people who make up a village bank loan, located in Ta Loung village in Takeo province. They will each use their portion of the loan in varied ways She is a farmer who owns a 0.50-hectare plot of land to cultivate rice on to sell to support her family.

Her problem is that her field has infertile soil. So, to improve production, Mrs. Kum S. is seeking a loan to buy fertilizer and hire a plow to plow her field. Her husband, Mr. Sarum Nouy, is employed in a private company. She is a mother of five children, four of whom are students in school, while the youngest one is just three years old.

Additional Information

About AMK

Angkor Microfinance Kampuchea (AMK) is a leading microfinance institution in Cambodia with a wide reach of operations. AMK works with over 6,000 villages and serves clients in every Cambodian province. With an average loan size of US$115, AMK’s focus is to provide credit and savings products to the very poor in rural areas. For more information, please visit AMK's website.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.